Align the center hole of your three-hole plowshare with the connection point that is the second to farthest away from the leading edge of the plow. Ensure that it fits into place and will not slide around with the plowshare is connected to the plow.
Mark the places on the plowshare's surface where the connection points meet the blade with your marker. Ignore any connection points that currently match an existing hole. Check the alignment when they have all been marked to ensure they are all accurate.
Select a cobalt drill bit that will match the size of existing holes on the surface of the plowshare.
Set the plowshare on your work bench and drill new holes at each point you have marked on the surface. As the plowshare is likely composed of hardened steel, this may take some time and require replacing your bit at some point during the process.
Attach your new four-hole plowshare to the frame of your plow to complete the conversion.